Ahead of the annual budget presentation on Thursday, the Economic Survey projected Maharashtra’s economy to grow by 6.8 per cent, as against last year’s projection of 12.1 per cent. The agriculture and allied activities sector is expected to grow by 10.2 per cent, against 4.4 per cent projected in 2021-22.

The state growth rate is almost similar to the nation’s projected rate — 7 per cent, that was said to be taking the country on a path of recovery post the COVID-19 pandemic. The state economy too was hit by the pandemic in the past two years.